INTRUM AB [CBOE] overview

Intrum: Corporate cost-cutting at a four-year high despite growing economic optimism PR Newswire STOCKHOLM, May 14, 2024 Two in five (41%) European businesses plan to cut costs this year, up from 28% in 2021 to the highest level seen the outbreak of the Covid-19 pandemic, despite opportunities ahead One in three (34%) businesses are more likely to request longer payment terms from suppliers, or pay later than agreed Businesses are losing more than a quarter of the working year (73 working days)...

Intrum: Millions to lose sight of spending as monthly subscriptions and payment deferrals pile pressure on household finances PR Newswire STOCKHOLM, Nov. 16, 2023 Almost half (45%) of European consumers are caught out by the build-up of monthly subscription costs Generation gap means over half (52%) of millennials and 53% of Gen Z struggle to keep track of subscription spending, compared with 34% of Baby boomers 30% of consumers are planning to increase their use of buy-now-pay-later products...

Intrum: Three quarters of consumers admit to breaking even or overspending each month PR Newswire STOCKHOLM, Sept. 28, 2023 35% of consumers have skipped at least one bill in the last 12 months, with one in three feeling less guilt for dodging their payment due date than in the past Three in four (76%) are just breaking even or are over-spending each month, with the average over-spender exceeding their budget by €232 One in five consumers have no `cash buffer' to fall back on in the event of...

Intrum: Three quarters of consumers admit to breaking even or overspending each month PR Newswire STOCKHOLM, Sept. 28, 2023 35% of consumers have skipped at least one bill in the last 12 months, with one in three feeling less guilt for dodging their payment due date than in the past Three in four (76%) are just breaking even or are over-spending each month, with the average over-spender exceeding their budget by €232 One in five consumers have no `cash buffer' to fall back on in the event of...

Intrum: A third of European businesses practice late payment hypocrisy PR Newswire STOCKHOLM, July 6, 2023 More than a third (37 per cent) of European businesses admit to increasingly paying their suppliers later than they would accept from their own clients and customers Half (54 per cent) would like to pay their suppliers faster, but don't believe this is feasible in the current economic climate Reducing late payments would enable greater investment in product and expansion of services,...

Invitation to Intrum's Capital Markets Day 2023 PR Newswire STOCKHOLM, June 16, 2023 STOCKHOLM , June 16, 2023 /PRNewswire/ -- Intrum is delighted to invite institutions, investors, analysts and financial media to our Capital Markets Day on 13 September, 2023 . Senior management will give an update on Intrum's strategic priorities for the coming years based on the key themes of "Simplify & Focus" and "Grow & Transform". The agenda will include information on current and planned initiatives and...

Intrum executes on strategic plan: Completes acquisition of UK servicing platforms from Arrow Global, wins CaixaBank real estate servicing contract in Spain and exits Brazil PR Newswire STOCKHOLM, June 1, 2023 STOCKHOLM , June 1, 2023 /PRNewswire/ -- Intrum AB successfully completes the acquisition of the Capquest and Mars UK servicing platforms from Arrow Global Group and 50 per cent of Arrow's UK unsecured consumer back book. The transaction is an important milestone in line with the ambition...

1 in 2 European businesses abandon growth as high inflation begins to bite: Intrum PR Newswire STOCKHOLM, May 23, 2023 Over half (51 per cent) of businesses see inflation restricting their ability to grow and seize new opportunities Six in 10 say that high inflation (59 per cent) and rising interest rates (57 per cent) will hit revenues and impact customers' ability to paying on time and in full Almost nine in 10 (85 per cent) of employees have already asked or are expected to ask for a pay rise...